Sambhv Steel Tubes Ltd, a backward-integrated manufacturer of ERW steel pipes and structural tubes based in Raipur, launched its ₹540 Cr IPO from June 25–27, 2025. Here's an in-depth guide tailored for ipogyan.in readers.
📌 IPO Highlights
- Price Band: ₹77–₹82 per share :contentReference[oaicite:1]{index=1}
- IPO Open: June 25, 2025
- IPO Close: June 27, 2025
- Lot Size: 182 shares (~₹14,924 at ₹82) :contentReference[oaicite:2]{index=2}
- Issue Size: ₹540 Cr (₹440 Cr fresh + ₹100 Cr OFS) :contentReference[oaicite:3]{index=3}
- Anchor Funding: ₹161.25 Cr from 19 investors at ₹82/share :contentReference[oaicite:4]{index=4}
- Allotment Finalisation: ~June 30, 2025 :contentReference[oaicite:5]{index=5}
- Refund & Demat Credit: July 1, 2025 :contentReference[oaicite:6]{index=6}
- Expected Listing: July 2, 2025 on NSE & BSE :contentReference[oaicite:7]{index=7}
🏢 About the Company
Founded in 2017, Sambhv Steel Tubes manufactures ERW steel pipes using a backward-integrated plant in Chhattisgarh. It had FY24 revenue of ₹1,289 Cr and PAT of ₹82 Cr, with Q2 FY25 revenue at ₹1,018 Cr and PAT ₹40.7 Cr :contentReference[oaicite:8]{index=8}.
📈 Financial Snapshot
| Period | Revenue (₹ Cr) | PAT (₹ Cr) |
|---|---|---|
| FY 2023‑24 | ₹1,289.4 | ₹82.4 |
| 9M FY 2024‑25 | ₹1,018.8 | ₹40.7 |
🔥 Grey Market Premium (GMP)
GMP is around ₹9–10 (~11–12%), indicating expected listing range of ₹90–₹92 :contentReference[oaicite:9]{index=9}.
📊 Subscription Status
- Day 1: 60% overall (Retail 57%, NII 68%, QIB 60%) :contentReference[oaicite:10]{index=10}
- Day 2: 84% overall (Retail 86%, NII 1.11×, QIB 61%) :contentReference[oaicite:11]{index=11}
🎯 IPO Objectives
- ₹390 Cr to pre-pay borrowings
- Remaining for corporate purposes :contentReference[oaicite:12]{index=12}
🔍 How to Check Allotment Status
- Visit registrar (Kfin) or NSE/BSE IPO allotment page.
- Select “Sambhv Steel Tubes IPO”.
- Enter PAN, application number, or Demat ID.
- Click Submit to view status.
📲 How to Apply via Zerodha (Kite)
- Login → Console → IPO section
- Select “Sambhv Steel Tubes IPO”
- Enter UPI ID, 182 shares, bid at ₹82 (cut-off)
- Submit & approve UPI mandate
📱 Apply via Paytm Money, Groww, Upstox, Angel One & Others
Use similar steps: login → IPO section → select IPO → enter lot size & bid price → submit & approve mandate.
⭐ Tips to Increase Allotment Chances
- Bid at upper band (₹82)
- Apply for at least one lot
- Use multiple demat accounts if eligible
- Approve UPI mandate early
- Apply early in subscription window
📚 Related IPO Posts
Disclaimer: This post is for educational purposes only. Investing in IPOs involves risk; please consult your financial advisor before investing.
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